Huge Tax Incentives: The Best Holiday Gift for American Business Owners, High Net-Worth Individuals and Accredited Investors, say Experts at Tax Saving Professionals

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No standing in lines, no wrapping gifts and no fighting other Christmas shoppers should be reasons enough to put a big smile on the face of high income earners, high net-worth individuals and accredited investors, but it’s the big tax savings and not the stocking-stuffers or Cyber Monday deals that makes the best gift of all for American’s who can take advantage of significant last-minute end-of-year financial incentives.

"While the end of the year is right around the corner, there is still enough time for us to help clients significantly reduce their taxes with proven tax strategies," says Ray Phair, COO of Tax Saving Professionals, a national tax consulting firm.

Vero Beach, Fl (PRWEB)November 25, 2014

Last-Minute Tax Strategies Could Mean the Difference Between 30% Tax Savings or 50%

“While there is not much time left in 2014, high-income earners, high net-worth individuals and accredited investors have just enough time to scoot in under the wire for the experts at Tax Saving Professionals to help them snag the last possible remaining tax benefits for the year,” says Ray Phair, Chief Operating Officer of Tax Saving Professionals, (http://www.TaxSavingProfessionals.com), a national tax consulting firm that has helped thousands of clients save millions of dollars since 1998.

“This year, end-of-year filings are particularly complicated,” says Phair given there is certain legislation still pending in Congress that can make the difference between a 30% adjusted gross income tax savings or a 50% adjusted gross income savings. “That twenty percent spread can potentially represent a huge sum of money in bottom line cash savings to clients,” says Phair, “but either way, regardless of how the legislation pans out, we have a time tested and proven track record of reducing our clients current tax bill by at least half,” says Phair.

“Land Conservation Easements” and “Historical Property Easements”

The Tax Saving Professionals utilize a combination of tax deductions and tax strategies to help reduce a client’s tax bill. Two strategies in particular have been proven very effective and according to Phair there is still enough time to secure these savings for new clients; they are a “Land Conservation Easement” and a “Historical Property Easement.”

How a Conservation Easement Works to Reduce Taxes

Briefly, a Conservation easements allow private landowners to permanently retire development rights to protect significant natural resources. The enhanced conservation easement tax incentive opened the door to voluntary, landowner-led conservation on millions of acres of important wildlife habitat, farmland, and scenic open space across the country. The incentive also enhances “bargain sales” of easements purchased by local, state and federal conservation agencies.

Historic Preservation Tax Incentive Program

Another uncommon, rarely used and valuable approach offered by The Tax Saving Professionals provide opportunities to investors to turn dilapidated buildings and blighted neighborhoods into thriving economic communities using Tax Credits offered by the Federal Government through the Federal Historic Preservation Tax Incentive Program.

“Hanging lights, tree trimming, Christmas shopping and egg-nog are certain to make for a wonderful holiday and make everyone feel good,” says Phair, “but we’ve also come to know that helping our clients keep more of their money makes this time of year very special for all of us.”

About Tax Saving Professionals

Tax Savings Professionals is a national tax consulting organization consisting of tax attorney’s, CPA’s, Enrolled Agents and paralegals. The company has worked with more than 7,000 clients, large and small, from around the country as well as with other members of the financial community, such as financial planners, CPA’s, accountants and others. Tax Savings Professionals has distilled from the IRS tax codes more than 400 tax deductions that are often misunderstood or even unknown by many tax professionals, along with an assortment of “tax strategies” that help clients save money on their taxes.